President Joe Biden addresses the 76th session of the United Nations General Assembly in New York on Tuesday, vowing to double U.S. spending on international climate aid by 2024. President Joe Biden vowed Tuesday to double U.S. spending on international climate aid to $11.4 billion per year by 2024, a move that would significantly expand the pot of money available for poorer countries to develop clean energy and adapt to the already brutal effects of warming. The pledge, announced during the first-year president’s debut speech before the United Nations, comes almost exactly six months after Biden doubled the previous U.S. commitment to $5.6 billion. The decision showed a clean break from former President Donald Trump , who withdrew the U.S. from the global pact to cut carbon emissions and canceled all payments to the world’s main climate aid fund. Trump’s predecessor, former President Barack Obama , had pledged $3 billion to the fund, but paid out just $1 billion before his Republican successor took office. “We’ll work with the Congress to double that number again, including for adaptation efforts,” Biden said before the United Nations General Assembly in Manhattan. “This will make the United States a leader in public […]
Biden Pledges To Double U.S. Climate Aid. It’s Still A Fraction Of What’s Needed.
